Wells Fargo & Co wrongly pushed auto insurance on customers who did not need it and took too long to halt the abuse, the New York Times reported on Friday, citing a confidential report from a leading bank regulator. The report from the Office of the Comptroller of the Currency criticized the Wall Street bank for forcing numerous borrowers to buy unneeded auto insurance.

When Indiana lawmakers swiftly closed a loophole this spring that had enabled Ricker’s convenience stores to sell cold beer, it was easy to see the hands of the liquor store industry at work. A liquor store owner raised some of the earliest objections to the Ricker’s maneuver. Liquor store lobbyists were in on key meetings with lawmakers to address it. And the final bill ultimately went through a committee chaired by a senator who is the top recipient of liquor industry campaign money.

Amazon will shut down its online wine store at the end of the this year, the company said. Amazon Wine, launched in 2012, offers wineries and other wine brands opportunities to sell to customers through Amazon.com. While the company is prevented from selling wine itself due to current alcohol industry regulations, wine suppliers can make their products available and sell to Amazon customers.

Increased competition, led by Adidas AG, has knocked the world’s largest sports brand off course and muddied its outlook. Since Mark Parker made the forecast, Nike’s stock is down 17% -- erasing $22 billion in market value. Sales growth has been uneven, slowing to just 0.1 percent last quarter. If Parker and his management team are scaling back their aspirations, they’ve shown few signs of it. 

Sears Holdings will no longer sell Whirlpool Corp. appliances after a pricing dispute and changing market dynamics fractured a partnership that stretched back more than a century. The struggling department store chain has stopped carrying products made by the biggest U.S. appliance manufacturer, including Maytag, KitchenAid and Jenn-Air appliances, according to an internal Sears memo.

Coca-Cola Co said the president of its North America business was retiring and would be replaced by James Dinkins, the head of its Minute Maid Business. Coca-Cola is offloading its low-margin bottling business to cope with falling demand for carbonated beverages in North America. Dinkins, who is also chief retail sales officer for the North America business, started his career with the company in 1988.

With the $8 billion renovation of LaGuardia Airport in high gear, six airline carriers are relocating their operations within the airports terminals in December, according to the Port Authority of New York and New Jersey. The relocations aim to streamline airline operations while also enhancing customer experience at LaGuardia as it undergoes a transformation designed bring the airport into the 21st century.

As Philippine Airlines continues to strengthen its brand story of delivering heartfelt customer service, it is launching a brand equity campaign which aims to win over foreign leisure travelers from international markets with the theme: “Experience the Heart of the Filipino.” It kicks off with a digital video on the airline’s Youtube page showcasing the best of the Philippines and Filipino values.

Apple opened a new flagship store on Friday on Michigan Avenue in Chicago, its 497th in the world, up from just 27 in 2001.The stores are very productive, generating $5,079 in sales per square foot, way more than most retailers. But Apple retail chief Angela Ahrendts has a new vision for these stores: They should be "town squares," places where people meet up with friends, attend concerts and take classes.

The platform uses marketing as a driver of brand reinvention. Its core objective is not to focus on the brand’s legacy connected with hardware and paper products, but to instead highlight the ways Xerox can serve clients who need assistance in straddling the real-life and virtual realms, while advancing innovations imperative to the future of work. The project brings together 14 creative talents including authors, poets and songwriters to collaborate on a book about the modern workplace.